Quick charity verification for A Chance In Life Inc (EIN: 131835632)
Verdict: A Chance In Life Inc appears trustworthy
75/100Mission Score
$4.1MRevenue
$3.1MAssets
2Red Flags
3Strengths
Red Flags
Recurring operating deficits in recent years (e.g., 2023 and 2022 expenses exceeded revenue).
Declining revenue trend from 2021 to 2023.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
Stable asset base, generally above $3 million, providing some financial cushion.
Low liabilities relative to assets, suggesting good short-term financial management.
Spending Breakdown
How A Chance In Life Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about A Chance In Life Inc
Is A Chance In Life Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, A Chance In Life Inc (EIN: 131835632) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is A Chance In Life Inc a good charity to donate to?
A Chance In Life Inc has a Mission Score of 75/100. Revenue: $4.1M. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for A Chance In Life Inc?
The Employer Identification Number (EIN) for A Chance In Life Inc is 131835632. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does A Chance In Life Inc spend its money?
A Chance In Life Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify A Chance In Life Inc's tax-exempt status?
You can verify A Chance In Life Inc's tax-exempt status using EIN 131835632 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
A Chance In Life Inc. demonstrates a mixed financial picture. While the organization has maintained a consistent asset base, hovering around $3-4 million in recent years, it has experienced periods of significant operating deficits. For instance, in 2023, expenses ($3,138,032) exceeded revenue ($2,594,318) by over half a million dollars, and a similar trend was observed in 2022. This indicates a reliance on prior reserves or other funding mechanisms to cover operational costs. The organization's transparency is commendable regarding executive compensation, reporting 0% for officer compensation across all available filings, which suggests a volunteer-led or very lean leadership structure in terms of direct salary. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) from the provided data, a full assessment of spending efficiency is challenging. The consistent liabilities, generally under $100,000, suggest good short-term financial management.